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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

4 Baths

Save

Est. payment | -/mo

Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Queen'S Park

MLS Listing ID S13011170

Style 2-Storey

Bedrooms 6

Annual Tax Amount $6,683

Tax Year 2026

Property Sub-Type Fourplex

Property Description

Welcome to this beautifully updated, fully tenanted four-plex in the heart of Barrie, an exceptional investment opportunity offering a strong 5.74% cap rate with proven future upside. With neighbouring properties already redeveloped, this asset is ideally positioned to benefit from continued growth and increased property values in the area. Extensively upgraded throughout, Units 2 and 3 have been completely renovated with brand-new bathrooms featuring modern showers, tubs, vanities, and fixtures. The kitchens in these units have also been fully refreshed with new flooring, updated fixtures, and fresh paint, complemented by custom closets and elegant wainscoting that elevate the overall finish. The property also features four private balconies, one for each unit along with a convenient coin-operated laundry facility, enhancing tenant appeal and generating additional income. Meticulously maintained and fully leased, this turn-key four-plex delivers immediate cash flow in a rapidly improving neighbourhood.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Brick & Beam, Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers, Sump Pump

Cooling Wall Unit(s)

Inclusions Tenants Pay Own Hydro, Individually Metered. Includes; 4 Fridges, 4 Stoves, Coin Operated Washer & Dryer.

Exterior

Parking Features Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 68.62

Lot Depth 89.98

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by ANALYST REALTY INC.

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

CAN

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37 Donald ST Barrie, ON L4N 1E4